Legal
UBS, RBS Traders Suspended as Rates Probe Goes Beyond Libor
UBS AG and Royal Bank of Scotland Group Plc suspended more than three traders in Singapore as regulators investigating Libor-rigging turn their attention to the rates used to set prices on foreign exchange derivatives. At least two foreign-exchange traders at UBS, Switzerland’s largest bank, have been put on leave as…
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Click here to read the full story: Business Week